RSI low/high Values: [ 25 - 75 ]
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Empire State Realty OP, L.P. Series ES stock upgraded from Sell Candidate to Buy Candidate after Thursday trading session.
(Updated on Mar 28, 2024)

Buy candidate since Mar 28, 2024 PDF

The Empire State Realty OP, L.P. Series ES stock price gained 2.26% on the last trading day (Thursday, 28th Mar 2024), rising from $9.75 to $9.97. During the last trading day the stock fluctuated 2.81% from a day low at $9.97 to a day high of $10.25. The price has risen in 5 of the last 10 days and is up by 6.63% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 29 thousand more shares were traded than the day before. In total, 44 thousand shares were bought and sold for approximately $435.96 thousand.

The stockis at the upper part of a wide and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $10.09 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Empire State Realty OP, L.P. Series ES stock with a 90% probability to be traded between $9.14 and $10.07 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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ESBA Signals & Forecast

The Empire State Realty OP, L.P. Series ES stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $9.84 and $9.76. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Empire State Realty OP, L.P. Series ES has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, March 22, 2024, and so far it has fallen -0.100%. Further fall is indicated until a new bottom pivot has been found.

Sell
Special Signal Notification

Double Top Formation

Double Top Formation A sell signal from a double top formation was found on Thursday, January 25, 2024 and based on theory for this formation the price should fall by -1.27% to $9.84 within 8 trading days since signal was issued (Monday, April 01, 2024).

Support, Risk & Stop-loss for Empire State Realty OP, L.P. Series ES stock

Empire State Realty OP, L.P. Series ES finds support from accumulated volume at $9.82 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.280 (2.81%) between high and low. For the last week, the stock has had daily average volatility of 2.62%.

Our recommended stop-loss: $9.59 (-3.79%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 4 days ago.)

Trading Expectations (ESBA) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Empire State Realty OP, L.P. Series ES Operating Partnership Units Representing Limited Partnership Interests to open at $10.06, and during the day (based on 14 day Average True Range), to move between $9.68 and $10.26, which gives a possible trading interval of +/-$0.286 (+/-2.87%) up or down from last closing price. If Empire State Realty OP, L.P. Series ES Operating Partnership Units Representing Limited Partnership Interests takes out the full calculated possible swing range there will be an estimated 5.73% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $10.00 (0.30%) than the support at $9.82 (1.50%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Empire State Realty OP, L.P. Series ES Operating Partnership Units Representing Limited Partnership Interests stock A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Empire State Realty OP, L.P. Series ES stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 1.625 Buy Candidate Upgraded

Predicted Opening Price for Empire State Realty OP, L.P. Series ES Operating Partnership Units Representing Limited Partnership Interests of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$10.06 ( 0.94%) $9.97

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ESBA

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 10.34 3.74 %
R2 10.24 2.67 %
R1 10.17 2.01 %
Current price: 9.97
Support S1 9.96 -0.137 %
S2 9.89 -0.799 %
S3 9.78 -1.87 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 10.10 1.29 %
R2 10.05 0.80 %
R1 10.00 0.301 %
Current price 9.97
Support S1 9.82 -1.50%
S2 9.81 -1.61%
S3 9.75 -2.21%

ESBA Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 01, 2024 Mar 14, 2024 Mar 28, 2024 $0.0350 0.359%
2 Dec 08, 2023 Dec 15, 2023 Dec 29, 2023 $0.0350 0.372%
3 Aug 08, 2023 Sep 14, 2023 Sep 29, 2023 $0.0350 0.438%
4 Jun 14, 2023 Jun 14, 2023 Jun 14, 2023 $0.0350 0.500%
5 Mar 14, 2023 Mar 14, 2023 Mar 14, 2023 $0.0350 0.470%

FAQ

What is the symbol for Empire State Realty OP, L.P. Series ES Operating Partnership Units Representing Limited Partnership Interests Stock and on which exchange is it traded?
The symbol for Empire State Realty OP, L.P. Series ES Operating Partnership Units Representing Limited Partnership Interests is ESBA and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Empire State Realty OP, L.P. Series ES Operating Partnership Units Representing Limited Partnership Interests Stock?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Empire State Realty OP, L.P. Series ES stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

How to buy Empire State Realty OP, L.P. Series ES Operating Partnership Units Representing Limited Partnership Interests Stock?
Empire State Realty OP, L.P. Series ES Operating Partnership Units Representing Limited Partnership Interests Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Empire State Realty OP, L.P. Series ES Operating Partnership Units Representing Limited Partnership Interests Stock.

What's the current price of Empire State Realty OP, L.P. Series ES Operating Partnership Units Representing Limited Partnership Interests Stock?
As of the end of day on the 2024-03-28, the price of an Empire State Realty OP, L.P. Series ES Operating Partnership Units Representing Limited Partnership Interests (ESBA) share was $9.97.

What is the 52-week high and low for Empire State Realty OP, L.P. Series ES Operating Partnership Units Representing Limited Partnership Interests Stock?
The 52-week high for Empire State Realty OP, L.P. Series ES Operating Partnership Units Representing Limited Partnership Interests Stock is $10.50 and the 52-week low is $5.08.

What is the market capitalization of Empire State Realty OP, L.P. Series ES Operating Partnership Units Representing Limited Partnership Interests Stock?
As of the 2024-03-28, the market capitalization of Empire State Realty OP, L.P. Series ES Operating Partnership Units Representing Limited Partnership Interests is 1.663B.
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About Empire State Realty OP, L.P. Series ES Operating Partnership Units Representing Limited Partnership Interests

Empire State Realty OP L.P. Series ES Operating Partnership Units Representing Limited Partnership Interests Empire State Realty OP, L.P. operates as a subsidiary of Empire State Realty Trust, Inc.... ESBA Profile

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